Walsin Lihwa Cash Flow Statement

Financials in millions TWD. Fiscal year is January - December.

Millions TWD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	1,586	2,790	5,079	19,352	14,643	6,691
Depreciation & Amortization	8,809	9,601	8,253	4,426	2,831	2,441
Other Amortization	50.34	50.34	60.34	24.95	-	-
Loss (Gain) From Sale of Assets	12.49	19.53	-110.47	-68.05	-20.47	7.98
Asset Writedown & Restructuring Costs	-36.64	-23.88	-12.43	0.09	693.89	-0.67
Loss (Gain) From Sale of Investments	666.22	386.75	-1,135	-7,475	-1,326	-656.19
Loss (Gain) on Equity Investments	-631.69	-813.75	-528.87	-3,607	-4,808	-1,696
Stock-Based Compensation	66.8	-	-	233.08	11.49	8.8
Provision & Write-off of Bad Debts	-123.83	-41.65	412.28	105.68	-7.9	12.21
Other Operating Activities	-3,710	-6,634	870.32	2,765	4,016	1,120
Change in Accounts Receivable	1,235	4,450	5,294	-480.55	-4,784	-134.51
Change in Inventory	6,556	-3,458	3,312	-2,101	-11,987	938.71
Change in Accounts Payable	-3,931	-5,004	-701.92	3,674	999.45	526.65
Change in Unearned Revenue	354.02	152.74	5.48	-	1.93	0.98
Change in Other Net Operating Assets	-2,203	-794.32	975.9	-2,984	1,054	-2,112
Operating Cash Flow	9,520	1,502	22,748	13,865	1,316	7,148
Operating Cash Flow Growth	-15.48%	-93.40%	64.07%	953.45%	-81.59%	-17.15%
Capital Expenditures	-11,758	-10,422	-16,512	-15,499	-6,415	-8,816
Sale of Property, Plant & Equipment	36.12	104.68	32.36	154.16	50.41	21.68
Cash Acquisitions	-3,988	-5,375	-5,856	-11,037	-	-
Divestitures	-	-	-	9,243	-	2,026
Sale (Purchase) of Intangibles	-61.37	-49.21	-37.28	-141.06	-6.25	-9.33
Sale (Purchase) of Real Estate	-13.18	-13.58	-	-0.18	-2.36	-0.55
Investment in Securities	352.49	3,471	-2,585	-7,484	4,289	-5,609
Other Investing Activities	-4,965	-3,151	3,458	-1,581	1,099	77.67
Investing Cash Flow	-20,397	-15,434	-21,501	-26,347	-985.97	-12,310
Short-Term Debt Issued	-	8,264	-	7,713	485.65	-
Long-Term Debt Issued	-	12,116	20,184	23,253	11,500	20,640
Total Debt Issued	33,168	20,380	20,184	30,966	11,986	20,640
Short-Term Debt Repaid	-	-	-6,500	-	-	-5,805
Long-Term Debt Repaid	-	-5,779	-22,437	-19,900	-6,154	-6,648
Total Debt Repaid	-24,070	-5,779	-28,936	-19,900	-6,154	-12,453
Net Debt Issued (Repaid)	9,098	14,601	-8,752	11,066	5,832	8,187
Issuance of Common Stock	7,592	-	11,923	9,000	-	-
Repurchase of Common Stock	-	-	-	-	-	-1,500
Common Dividends Paid	-2,016	-4,434	-6,716	-5,490	-3,088	-1,663
Other Financing Activities	-727.87	-3,979	-414.98	5,742	-5,023	586.9
Financing Cash Flow	13,947	6,188	-3,960	20,318	-2,280	5,611
Foreign Exchange Rate Adjustments	-886.81	2,155	-378.98	1,134	392.51	-257.52
Net Cash Flow	2,183	-5,590	-3,092	8,971	-1,557	191.4
Free Cash Flow	-2,238	-8,921	6,236	-1,634	-5,099	-1,668
Free Cash Flow Margin	-1.25%	-4.98%	3.28%	-0.91%	-3.26%	-1.48%
Free Cash Flow Per Share	-0.52	-2.21	1.60	-0.46	-1.48	-0.51
Cash Interest Paid	2,414	2,237	1,926	740.19	491.58	534.66
Cash Income Tax Paid	2,058	5,642	1,690	2,732	1,255	2,156
Levered Free Cash Flow	-6,361	-18,336	4,418	-3,882	-9,193	-463.91
Unlevered Free Cash Flow	-4,793	-16,861	5,752	-3,365	-8,931	-126.42
Change in Working Capital	2,832	-3,832	9,860	-1,892	-14,716	-780.49

Source: S&P Global Market Intelligence. Standard template. Financial Sources.